Latest Key Developments (Source: Significant Developments)

Sanoyas Holdings Corp:Says the company increased the consolidated full-year outlook for revenue to 48,700 million yen from 47,500 million yen for FY ended March 2015.Operating profit forecast increased to 2,270 million yen from 1,400 million yen.Ordinary profit forecast increased to 2,190 million yen from 1,000 million yen.Net profit forecast increased to 1,760 million yen from 500 million yen.Earnings per share increased to 54.02 yen from 15.35 yen.Comments the sales increase and costs reduction are the main reasons for the forecast.
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Sanoyas Holdings Corp:To establish a wholly owned subsidiary based in Osaka on Dec. 5.New subsidiary to be engaged in the management of subsidiary KATOH PRECISION MACHINERY Co.,Ltd and another subsidiary.New subsidiary to be capitalized at 10 million yen.
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Sanoyas Holdings Corp:Says the company amended the consolidated full-year outlook for the FY ended March 2014.Revenue forecast decreased to 46,700 million yen from 47,000 million yen.Operating profit forecast increased to 3,350 million yen from 1,100 million yen.Ordinary profit forecast increased to 3,400 million yen from 800 million yen.Net profit forecast increased to 970 million yen from 100 million yen.Earnings per share increased to 29.77 yen from 3.07 yen.Comments that depreciation of Japanese yen, cost reduction and avoiding the recognition of construction orders loss allowance are the main reasons for the positive forecast.Says it expects extraordinary losses for Q4 of FY ended March 2014.Says losses include 1,022 million yen for impairment loss on fixed assets and 229 million yen as contract settlement loss of a subsidiary.
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Sanoyas Holdings Corp announced that it has lowered its consolidated mid-year outlook for revenue from JPY 23,000 million to JPY 22,600 million, net profit from JPY 80 million to a loss of JPY 340 million and earning per share from JPY 2.46 to a loss of JPY 10.44, but raised the outlook for operating profit from JPY 600 million to JPY 910 million, ordinary profit from JPY 400 million to JPY 780 million, for the fiscal year ending March 2014. In addition, the Company has also raised its consolidated full-year outlook for revenue from JPY 46,000 million to JPY 47,000 million, operating profit from JPY 900 million to JPY 1,100 million, ordinary profit from JPY 500 million to JPY 800 million, but affirmed the outlook for net profit of JPY 100 million and earning per share of JPY 3.07, for the fiscal year ending March 2014. The Company raised the profit outlook due to the impact of the lower yen and the operation of Australia ferris wheel, and lowered the mid-year net profit outlook due to the extraordinary loss of JPY 146 million on impairment of land.
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